A trillion dollars here, a trillion dollars there, and pretty soon you’re talking about real solutions to climate change. “Impact to me means $1 trillion,” says Jigar Shah, president and co-founder of ABC member Generate Capital, a new specialty finance company that works with project developers and technology manufacturers to finance what he calls “the resource revolution.” Generate Capital, launched last year by Shah and co-founders Scott Jacobs and Matan Friedman, aims to demonstrate the investment opportunities in other proven approaches in renewable energy, energy storage and energy efficiency. The firm already has north of $100 million to begin underwriting clean-tech projects. Though some impact-driven family offices are on board, Shah is seeking mainstream investor capital. More >>
